UPDATE: Oracle (ORCL) Market Share Threatened, Berenberg Downgrades to Sell

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Oracle (ORCL) Unlikely to 'Miss' in Q4 - Nomura

June 10, 2013 8:14 AM EDT

Nomura Securities analyst Rick Sherlund reiterated a Buy rating and $39 price target on Oracle (NASDAQ: ORCL) ahead of Q4 results on June 20th, saying despite erratic results this year it is unusual for Oracle to miss in fiscal Q4.

Sherlund comments, "We have updated our models for the closing of the Acme Packet... More